Futureco Bioscience Establishes a Subsidiary in Brazil, Strengthening Its Expansion in Latin America
Futureco Bioscience, a Spanish company specializing in biotechnological products for sustainable agriculture, has opened a new subsidiary in Brazil as part of its Latin American expansion strategy. The subsidiary, located in the state of Sao Paulo, will have Eric Massarico as its Director of Development. Massarico brings extensive professional experience in areas such as agronomic technical support, soil management, plant nutrition, and integrated pest and disease management. This achievement marks a significant milestone in the company’s regional expansion, which includes existing branches in Peru, Mexico, Colombia, and Costa Rica.
In the past five years, since establishing subsidiaries in Peru and Colombia, Futureco Bioscience has upheld a strong internationalization business policy in Latin America. Last year, the company expanded its commercial operations to Mexico. This year, it extended its reach to Costa Rica in February and most recently to Brazil. In addition, Futureco Bioscience also operates in Chile, Ecuador, Guatemala, Honduras, and the Dominican Republic.
Eric Massarico, Futureco Bioscience’s Director of Development in Brazil.
Leveraging its extensive experience in global agricultural markets and the positive response to its biological solutions in Latin America, the company is now broadening its reach in the Brazilian market with a new subsidiary. This comes after commercial operations in the country since 2008. In Brazil, the demand for organic products has noticeably increased, growing by 51% during the 2022-23 harvest season compared to the previous cycle, resulting in a turnover of 827 million dollars. In light of this promising scenario, the company aims to replicate its previous achievements and continue its growth.
“Brazil stands out as one of the main markets worldwide for biological products, known for its remarkable competitiveness and ongoing demand,” says MarĂa JosĂ© Lis, Director of Business Development and Marketing at Futureco Bioscience.
“At Futureco Bioscience, we have many years of technical experience in Latin America with crops of great commercial interest to Brazil, such as vegetables, tropical and temperate fruits, and extensive crops like soybeans, corn, coffee, and sugarcane. Additionally, our role as manufacturers of biological solutions, coupled with our in-house philosophy, enables us to develop and offer innovative products tailored to the changing needs of the market,” explains Lis.
Futureco Bioscience will initially expand its presence in the central-southern region of the country. The goal is to gradually extend the company’s influence to other areas, where it aims to establish new commercial partnerships for product distribution. Collaboration with various stakeholders is essential to ensure widespread access for producers to the company’s innovative solutions. With this same objective in mind, Lis and Massarico will attend HORTITEC, the event that brings together producers, professionals, and technicians from the agricultural sector in Brazil and abroad.
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